Krugman in New Republic

[Rakesh Bhandari]

In a recent New Republic Krugman blames the failure to implement Keynesian
policies of low interest rates/fiscal stimulus in the recession mired
third world on international speculators. I was wondering if one replaced
that scapegoat with international jewry, as Mahatir already has, whether
this analysis is any different than traditional fascism. I see in The
Nation Michael Lind has turned to the progenitor of fascism Freddy
List (I cannot believe editors published this; who will edit the editors?)
while the star neoclassical economist Krugman has found a soul mate in a
third world proto fascist. Couple this with Katha Pollitt's insight  that
two symbols of medievalism captured the hearts and minds of people last
year--Princess Di and Mother Theresa. 

 best, rakesh